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Industry Focus: Aerospace Sector Is Flying High Again

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billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 AvEx, a world leader in the niche market of aviation exterior painting, has been located at Acadiana Regional Airport (ARA) in New Iberia for over 25 years.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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COVER STORY: Editors’ Location Picks

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The TV ads, which aired for six months in the NY/NJ/CT and Boston markets and on JetBlue’s in-flight TV, conclude with Huizenga’s memorable tag line: “Hey, it’s not what you make, it’s what you keep.” Runway 9R-27L, located on the south side of the airport and running parallel to Griffin Road, is now being rehabilitated and lengthened.

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FEATURE STORY: 2013 Economic Development Awards

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Less Taxing,” aired for six months in the NY/NJ/CT, Boston and Chicago markets. Highlights include the largest industrial spec development lease in the last five years in Broward County. In 2012, a national TV ad blitz continued to promote Greater Fort Lauderdale/Broward County’s strong business value proposition.

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Cover Story: New Energy Powers Growth

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The Solar Market Development Tax Credit, established in 2006, created an income tax credit for homeowners, businesses and agricultural entities that install solar PV or solar heating systems. The projects near Elgin and Broken Bow are expected to begin producing electricity this year. These three new projects amount to over $1.25